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Jaleah HendersonTom Klinkowstein
Selected Business Article
“Betsey Johnson still
owning the runway”
http://money.cnn.com/video/smallbusiness/2013/09/13/sbiz-betsey-johnson-fashion.cnnmoney
Tom Klinkowstein Jaleah Henderson
Tom Klinkowstein
● 1978 Johnson created her first collection which sold out
● after over producing her second collection she opened a store which soon led to bankruptcy
● Madden buys her company which results in her going from boss to creative director
Jaleah Henderson
Tom Klinkowstein
In the past year over one million small businesses in America filed for bankruptcy, 50,000 in the New York state alone (UScourts.gov). Best approach to having a successful business according to Business Insider is start young. Young adults around the age of 18-25 should be setting the foundation to created comfortable life in the future.
Jaleah Henderson